RYURX vs. RYMMX
RYURX (Rydex Inverse S&P 500 Strategy Fund) and RYMMX (Rydex S&P MidCap 400 Pure Value Fund) are both mutual funds - RYURX is a Inverse Equities fund managed by Rydex Funds, while RYMMX is a Small Cap Value Equities fund managed by Rydex Funds. Over the past 10 years, RYURX returned -25.94%/yr vs 9.81%/yr for RYMMX. At a correlation of -0.81, they often move in opposite directions. RYURX charges 1.49%/yr vs 2.26%/yr for RYMMX.
Performance
RYURX vs. RYMMX - Performance Comparison
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Returns By Period
In the year-to-date period, RYURX achieves a -8.03% return, which is significantly lower than RYMMX's 11.94% return. Over the past 10 years, RYURX has underperformed RYMMX with an annualized return of -25.94%, while RYMMX has yielded a comparatively higher 9.81% annualized return.
RYURX
- 1D
- 0.75%
- 1M
- -3.61%
- YTD
- -8.03%
- 6M
- -7.48%
- 1Y
- -17.29%
- 3Y*
- -49.02%
- 5Y*
- -34.17%
- 10Y*
- -25.94%
RYMMX
- 1D
- -0.45%
- 1M
- 2.00%
- YTD
- 11.94%
- 6M
- 10.11%
- 1Y
- 23.65%
- 3Y*
- 14.10%
- 5Y*
- 7.48%
- 10Y*
- 9.81%
RYURX vs. RYMMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYURX Rydex Inverse S&P 500 Strategy Fund | -8.03% | -82.28% | -13.04% | -14.56% | 17.56% | -24.19% | -24.90% | -22.65% | 4.33% | -17.38% |
RYMMX Rydex S&P MidCap 400 Pure Value Fund | 11.94% | 5.11% | 3.49% | 26.78% | -6.06% | 30.05% | 5.74% | 20.83% | -19.66% | 12.28% |
Correlation
The correlation between RYURX and RYMMX is -0.57, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.74 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.73 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2005 | -0.81 |
Over the past year, the inverse relationship between RYURX and RYMMX has weakened: their correlation has moved from -0.81 to -0.57, meaning they move in opposite directions less often than they have historically.
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Return for Risk
RYURX vs. RYMMX — Risk / Return Rank
RYURX
RYMMX
RYURX vs. RYMMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Inverse S&P 500 Strategy Fund (RYURX) and Rydex S&P MidCap 400 Pure Value Fund (RYMMX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| RYURX | RYMMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.71 | ||
| Sortino ratioReturn per unit of downside risk | -4.02 | ||
| Omega ratioGain probability vs. loss probability | 0.77 | 1.22 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | 1.78 | -2.73 |
| Martin ratioReturn relative to average drawdown | -1.75 | 5.14 | -6.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RYURX | RYMMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.47 | 1.24 | -2.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.87 | 0.34 | -1.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.84 | 0.39 | -1.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.62 | 0.27 | -0.89 |
Drawdowns
RYURX vs. RYMMX - Drawdown Comparison
The maximum RYURX drawdown since its inception was -99.34%, which is greater than RYMMX's maximum drawdown of -73.49%. Use the drawdown chart below to compare losses from any high point for RYURX and RYMMX.
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Drawdown Indicators
| RYURX | RYMMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.34% | -73.49% | -25.85% |
Max Drawdown (1Y)Largest decline over 1 year | -18.35% | -12.54% | -5.81% |
Max Drawdown (3Y)Largest decline over 3 years | -87.70% | -25.11% | -62.59% |
Max Drawdown (5Y)Largest decline over 5 years | -88.82% | -25.11% | -63.71% |
Max Drawdown (10Y)Largest decline over 10 years | -95.29% | -54.43% | -40.86% |
Current DrawdownCurrent decline from peak | -99.34% | -0.45% | -98.89% |
Average DrawdownAverage peak-to-trough decline | -69.04% | -11.98% | -57.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.91% | 4.35% | +5.56% |
Volatility
RYURX vs. RYMMX - Volatility Comparison
The current volatility for Rydex Inverse S&P 500 Strategy Fund (RYURX) is 2.89%, while Rydex S&P MidCap 400 Pure Value Fund (RYMMX) has a volatility of 4.52%. This indicates that RYURX experiences smaller price fluctuations and is considered to be less risky than RYMMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYURX | RYMMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.89% | 4.52% | -1.63% |
Volatility (6M)Calculated over the trailing 6-month period | 8.95% | 11.83% | -2.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.82% | 18.08% | -6.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.62% | 21.94% | +17.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.10% | 25.02% | +6.08% |
RYURX vs. RYMMX - Expense Ratio Comparison
RYURX has a 1.49% expense ratio, which is lower than RYMMX's 2.26% expense ratio.
Dividends
RYURX vs. RYMMX - Dividend Comparison
RYURX's dividend yield for the trailing twelve months is around 4.15%, more than RYMMX's 0.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYMMX Rydex S&P MidCap 400 Pure Value Fund | 0.16% | 0.18% | 8.21% | 0.48% | 17.90% | 6.82% | 0.05% | 0.00% | 3.84% | 1.94% | 0.22% | 0.30% |
RYURX Rydex Inverse S&P 500 Strategy Fund | 4.15% | 3.82% | 6.78% | 2.79% | 0.00% | 0.00% | 0.42% | 0.86% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RYURX and RYMMX have a correlation of -0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RYMMX has higher volatility (4.52%) compared to RYURX (2.89%). In terms of maximum drawdown, RYURX dropped -99.34% vs RYMMX's -73.49%.
RYMMX currently has the higher Sharpe Ratio (1.24 vs -1.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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